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Showing 171 - 180 of 1050 results for "A Share"

Productivity Commission kicks off philanthropy review

CHLOE WALKER  |  MONDAY, 13 FEB 2023
... role in strengthening and reconnecting our communities," he said. However, while deductable donations have increased as a share of total income, the percentage of taxpayers making donations has fallen. The Productivity Commission will consult broadly ...

Maple-Brown Abbott veteran leaves after 27 years

CHLOE WALKER  |  MONDAY, 6 FEB 2023
After almost three decades at the investment firm, head of Asia Pacific equities Geoff Bazzan has announced his retirement. "I have made the difficult decision to leave the business, and will transition out over the next several months, finishing on ...

Berkshire Hathaway, IAG restructure agreement

CASSANDRA BALDINI  |  THURSDAY, 12 JAN 2023
Berkshire Hathaway has renewed its whole of account quota share (WAQS) agreement with Insurance Australia Group (IAG) but ceased its strategic relationship and equity ownership. The renewed terms with National Indemnity Company (NICO), a subsidiary ...

Link Group offloads PEXA stake

ANDREW MCKEAN  |  MONDAY, 21 NOV 2022
Link Group has sold 10% of its existing 42.77% shareholding in PEXA Group for $101.9 million, with the net proceeds to be used to pay down debt. The PEXA selldown was executed at $13.50 per share; settlement is expected to occur on November 23. The ...

Pendal, Perpetual amend deal terms

JAMIE WILLIAMSON  |  THURSDAY, 17 NOV 2022
... Capital said the Pendal deal would dilute shareholder value, arguing that the takeover offer from Regal Partners at $33 a share was more beneficial. Pendal and Perpetual have also agreed to proceed to a first court hearing for the scheme next week. "The ...

Former van Eyk Research chief sentenced

JAMIE WILLIAMSON  |  WEDNESDAY, 16 NOV 2022
... facilitate a $5 million investment in the Wholesale Enhanced Income Fund. That money was then loaned to TAA Melbourne to buy a share of van Eyk, of which Thomas was chief executive. This was done to prevent a third-party company gaining control of the ...

Magellan seeks $1m increase to director fees

ANDREW MCKEAN  |  TUESDAY, 15 NOV 2022
... search process," he said. In addition, the explanatory notes stated directors on the board historically participated in a Share Purchasing Plan (SPP) loan program to create alignment with shareholders in lieu of market levels of fixed director fees. ...

Life after legalsuper: Proebstl

ELIZABETH FRY  |  FRIDAY, 11 NOV 2022
Outgoing legalsuper chief executive Andrew Proebstl has no plans to exit the superannuation industry. Proebstl foresees big opportunities for funds to differentiate themselves and succeed in an environment where they are forced to manage more and more ...

Perpetual, Pendal deal on shaky ground

JAMIE WILLIAMSON  |  FRIDAY, 11 NOV 2022
... Capital said it's become clear that the Pendal deal is "deeply detrimental" to Perpetual shareholders relative to the $33 a share offer made by the Regal consortium. "Indeed, it was speculated as recently as July, that PPT had received an approach worth ...

Perpetual knocks back second takeover offer

JAMIE WILLIAMSON  |  THURSDAY, 10 NOV 2022
... BPEA Private Equity Fund VIII subsidiary Morello Pte. provided an improved proposal to acquire 100% of Perpetual for $33 a share last night. In doing so, the consortium requested a one-week due diligence period, expedited due to Perpetual's existing ...